Limitations of Sub-Adviser’s Responsibility. The Sub-Adviser shall not be responsible for aspects of the Fund’s investment program other than as applicable to the Strategy (e.g., the Sub-Adviser shall be responsible for (i) the purchases and sales of securities or other investments for the Allocated Portion in accordance with the Strategy and (ii) the selection of executing brokers to conduct such purchases and sales, and the Sub-Adviser shall have full discretion and authority for this limited purpose to bind the Fund in connection with the foregoing).
Appears in 4 contracts
Samples: Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds)
Limitations of Sub-Adviser’s Responsibility. The Sub-Adviser shall not be responsible for aspects of the Fund’s investment program with respect to the Fund’s assets other than as applicable to the Strategy (e.g.Allocated Portion, the Sub-Adviser shall be responsible for (i) the including, without limitation, purchases and sales of securities or other investments for the Allocated Portion in accordance with the Strategy (and (ii) the selection of executing brokers to conduct such purchases and sales, and the Sub-Adviser shall have full discretion and authority for this limited purpose to bind the Fund ) in connection with such other aspects of the foregoing)Fund’s investment program.
Appears in 2 contracts
Samples: Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds)